Notice 28 May 2025 compliance, erisa, apprenticeship, department of labor, training plans, top hat plans

📄DOL Notice on Alternative Reporting Methods for Apprenticeship Plans

The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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Notice 30 Apr 2025 compliance, business regulations, erisa, department of labor, health insurance, affordable care act

📋Impact of ACA Claims and Appeals Regulations on Businesses

The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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Notice 8 Apr 2025 information collection, erisa, compliance requirements, pension benefit guaranty corporation, business liabilities

🏢PBGC Seeks Extension for Information Collection on Operations Cessation

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act, of a collection of information that is necessary to fulfill various reporting obligations following a cessation of operations at a facility. This notice informs the public of PBGC's intent and solicits public comment on the collection of information.

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Notice 28 Mar 2025 compliance, financial regulations, erisa, employee benefits, department of labor, investment funds

📊DOL Seeks Comments on Prohibited Transaction Class Exemption

The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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Notice 14 Mar 2025 compliance, erisa, employee benefits, department of labor, pension plans, welfare plans

📄Regulatory Notice on Definition of Plan Assets for Employee Contributions

The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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Notice 14 Mar 2025 information collection, business compliance, erisa, insurance, labor regulation

📊DOL Notice on PTE 1990-1 Information Collection Request

The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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Notice 10 Mar 2025 compliance, regulations, erisa, pension, pbgc, retirement plans

📄Proposed Changes to Pension Coverage Determination Information Collection

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, with modifications, under the Paperwork Reduction Act, of a collection of information necessary for PBGC to determine whether a plan is covered under title IV of the Employee Retirement Security Income Act of 1974. This notice informs the public of PBGC's intent and solicits public comment on the collection of information, as modified.

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Notice 10 Mar 2025 compliance, financial assistance, erisa, pension, multiemployer plans, benefit guaranty corporation

📄Proposed Extension of Information Collection for Multiemployer Plans

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act of collections of information in PBGC's regulations on multiemployer plans under the Employee Retirement Income Security Act of 1974 (ERISA). This notice informs the public of PBGC's intent and solicits public comment on the collections of information.

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Regulatory Compliance, Financial Management 21 Jan 2025 regulatory compliance, financial services, erisa, employee benefits, qpam exemption, northern trust

⚖️Northern QPAMs' Exemption Proposal

This document provides notice of the pendency before the Department of Labor (the Department) of a proposed individual exemption from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code). The proposed exemption would allow certain entities with specified relationships to Northern Trust Fiduciary Services (Guernsey) Limited (NTFS) (hereinafter, the Northern QPAMs, as further defined in section I(e) of the operative language) to rely on the exemptive relief provided by Prohibited Transaction Class Exemption 84-14 (PTE 84-14 or the QPAM Exemption), notwithstanding the judgment of conviction (the Conviction) against NTFS for aiding and abetting tax fraud entered in France in the Paris Court of Appeal, French Special Prosecutor No. 1120392066, French Investigative Judge No. JIRSIF/11/12.

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Regulatory Compliance, Financial Impact 17 Jan 2025 regulatory compliance, financial services, taxation, erisa, asset management, legal, royal bank of canada, investment management

⚖️RBC QPAMs Proposed Exemption from ERISA Restrictions Explained

This document provides notice of the pendency before the Department of Labor (the Department) of a proposed individual exemption from certain of the prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA or the Act) and the Internal Revenue Code of 1986 (the Code). This proposed exemption would permit certain qualified professional asset managers with specified relationships to Royal Bank of Canada Trust Company (Bahamas) Limited, and certain current and future affiliates of the Royal Bank of Canada (collectively, the RBC QPAMs), to continue to rely on the class exemptive relief granted in Prohibited Transaction Exemption (PTE) 84- 14 (PTE 84-14, or the QPAM Exemption), notwithstanding the March 5, 2024 judgment of conviction against Royal Bank of Canada Trust Company (Bahamas) Limited (RBCTC Bahamas) for aiding and abetting tax fraud, entered in France in the Paris Court of Appeal.

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